Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

5:45 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source

You said 'minimum', so there's a chance that after this work is done they might find themselves in receipt of an adjusted baseline decline of somewhere between 4.9 and one or two, and for three years. At what point in time in that three-year cycle do they then engage in a reassessment, for certainty's sake, about what comes after the end of that three-year period on the rate?

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